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ELECTROCOM ISSUES STATEMENT AT REQUEST OF NEW YORK STOCK EXCHANGE ON CAUSE OF HEAVY TRADING IN ITS STOCK

 ARLINGTON, Texas, Feb. 2 /PRNewswire/ -- In response to heavy trading in its stock, Electrocom Automation Inc. (NYSE: ECA), issued the following statement at the request of the New York Stock Exchange:
 "It's our belief that the pressure on our stock is due to the announcement stemming from the U.S. Postal Board of Governors today that it will initially purchase 1,144 Phase II Delivery Bar Code Sorters. Originally, it was thought that the Postal Service would purchase 2,088 of the units at this time.
 "In its action today, the board approved funding of $471 million to cover the purchase and related expenditures. The actual contract will be awarded at a later date. Electrocom and another company are the only bidders.
 "Also today, Oppenheimer and Co. removed Electrocom from its recommended list."
 -0- 2/2/93
 /CONTACT: Steve Hullett of Electrocom Automation Inc., 817-695-5501/
 (ECA)


CO: Electrocom Automation Inc. ST: Texas IN: SU:

TM -- NY101 -- 2045 02/02/93 16:06 EST
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Publication:PR Newswire
Date:Feb 2, 1993
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